time, still receiving the Availability Payment revenue as the company still has the ability to generate electricity to EGAT as contracted. Thus when comparing Sriracha Power Plant operation in 2017 with
million from the recognition of GLOW’s performance, reflecting strong growth in both the operation of the two businesses and the Company’s net profit, which increased by Baht 659 million. Executive Summary
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
Management’s Discussion and Analysis For the Financial Results of Quarter 2 Year 2017 Ended June 30, 2017 1 ABBREVIATION ADB = Asian Development Bank COD = Commercial Operation Date EBITDA = Earnings
because the increase in natural gas cost in producing the electricity resulted from one major customer resumed its normal operation after the maintenance shutdown during Q1/2017. Q2/2017 VS Q2/2016 (YoY
electricity to Industrial Users (IU) 1.1 1.6 (0.5) (31.3) Sales of steam (IU) 2.5 4.9 (2.4) (49.0) Sales from Natural Gas Power Plant 422.3 470.8 (48.5) (10.3) Sales of electricity - FiT, Base tariff and Ft
the nine-month of 2019. Increased by Baht 10.4 million due to the fee from premature cancellation of operation and maintenance contract of Natural Gas Power Plant. However, the Group has considered that
the nine-month of 2019. Increased by Baht 10.4 million due to the fee from premature cancellation of operation and maintenance contract of Natural Gas Power Plant. However, the Group has considered that
Khlung, Kamphaeng Phet Province which started its commercial operation on 26 November 2021. Sales of natural gas power plant increased by Baht 60.6 million from increase in unit rate which is adjusted in